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American Express Bank, FSB

Salt Lake City, UT · Cert 35328

FDIC · 1 branch

Q1 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2018, the quarter ended March 31, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

American Express Bank, FSB

Salt Lake City, UT · Cert 35328

FDIC · 1 branch

Q1 2018

$55.0BAssets
$42.9BLoans
$45.8BDeposits
$6.1BEquity
Deposit mix
100%Interest-bearing $45.7B0%Noninterest $0.1BQ1 2017Q1 2018

NIM

7.07%Q1 ’166.17%Q1 ’177.08%Q1 ’18-15%+10%

Non-interest income vs. expense

12.30%Q1 ’1613.00%Q1 ’1714.21%Q1 ’18+59%+5%

Market Position · Salt Lake City, UT · 2017 SOD (annual) · 9.2% share · #5 of 40 inst. · $40.5B of $439.0B

Executive Summary

  • Earnings: ROA of 4.17%, up 85 bps year over year; NIM at 5.80%.
  • Asset quality: problem loans at 0.61% of loans (+6 bps YoY), with net charge-offs at 1.84%.
  • Capital: tier 1 leverage ratio of 10.81%, down 137 bps from a year ago.
  • Funding: loans stand at 93.61% of deposits as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

4.17%+85 bps YoY

Net Interest Margin (YTD, annualized)

5.80%+53 bps YoY

Efficiency Ratio (YTD, annualized)

65.46%+61 bps YoY

Tier 1 Leverage Ratio

10.81%-137 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets3.32%3.52%3.55%3.82%4.17%+85 bps
Return on Equity26.37%28.46%29.20%32.04%37.78%+1,141 bps
Net Interest Margin5.27%5.13%5.22%5.21%5.80%+53 bps
Efficiency Ratio64.86%64.85%64.45%62.16%65.46%+61 bps
Non-Interest Burden-1.78%-1.93%-1.94%-2.38%-1.69%+9 bps
Growth
Asset Growth (YoY)-1.50%0.10%12.78%12.53%7.59%+909 bps
Loan Growth (YoY)-7.31%18.08%9.95%6.03%12.36%+1,967 bps
Deposit Growth (YoY)-1.23%6.45%16.99%14.47%18.36%+1,959 bps
Asset Quality
Nonperforming Loans / Loans0.56%0.53%0.53%0.53%0.61%+6 bps
Net Charge-Offs / Loans1.71%1.71%1.57%1.55%1.84%+13 bps
Allowance / Loans1.45%1.46%1.52%1.61%1.78%+33 bps
Allowance Coverage of NPLs2.6x2.7x2.9x3.0x2.9x+0.3x
Capital
Tier 1 Leverage Ratio12.17%11.95%11.77%11.72%10.81%-137 bps
Total Risk-Based Capital15.56%15.19%14.58%14.17%13.55%-201 bps
Equity / Assets11.58%11.97%11.49%11.04%11.04%-54 bps
Liquidity & Funding
Loans / Deposits98.61%94.11%98.15%98.76%93.61%-500 bps
Liquid Assets / Assets23.73%22.00%18.73%21.73%20.13%-360 bps
CRE / Total Capitaln/an/an/an/an/an/an/a